Constellation Energy and EDF Group Enter Definitive Investment Agreement.

Business Wire | December 17, 2008 | Copyright

EDF Development Inc. to acquire 49.99 percent interest in Constellation Energy's nuclear generation and operation business for $4.5 billion

Agreement includes immediate $1 billion cash investment in Constellation Energy and option to sell to EDF Development Inc. up to $2 billion of non-nuclear generation assets

Constellation Energy to remain independent publicly traded company

Investment by EDF Development Inc. enhances Constellation Energy's long-term stability and liquidity position

Transaction extends EDF Group's nuclear expertise in ...

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